Category: Bearish
-
Experts Confident in Bitcoin’s Ability to Defend $60K Despite Bearish Pressure
•
Bitcoin has seen a decline of more than 6% over the past week. Successive corrections have temporarily pushed the asset below $60,000. Although it has rebounded since then, its recovery appears to have stalled at around $61,500, causing investors to worry about further losses. This is especially true as the…
-
Bitcoin Hashrate Plunges To 4-Month Low As BTC Looks Bearish
•
On-chain data shows that Bitcoin mining hashrate has fallen to its lowest level since early March. The average 7-day Bitcoin mining hash rate has continued to decline recently “Mining hash rate” refers to a metric that tracks the total computing power that miners currently have tied to the Bitcoin blockchain.…
-
Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?
•
Solana, a leading blockchain platform, is witnessing a major decline as a sustained bearish wave sweeps its market. This decline, driven by a combination of factors, saw the price of SOL fall significantly below the $140 support level. Solana price struggled to find stability, as it broke through key support…
-
XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
•
My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
-
XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
•
My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
-
Here’s Why The Dogecoin Price Is Reversing Against The Bearish Market Trend
•
Dogecoin price took an interesting turn in the last day, going against the bearish wave that destroyed the majority of the cryptocurrency market. Given that the meme coin is green at a time when the majority of the market is experiencing losses, this has led to speculation about what could…
-
Here’s Why The Dogecoin Price Is Reversing Against The Bearish Market Trend
•
Dogecoin price took an interesting turn in the last day, going against the bearish wave that destroyed the majority of the cryptocurrency market. Given that the meme coin is green at a time when the majority of the market is experiencing losses, this has led to speculation about what could…
-
Oil’s ‘last hurrah’ is coming, Citi says in bearish outlook for global crude prices
•
Slavko Sereda/iStock via Getty Images Oil futures rose on Wednesday despite an unexpected 3.7 million barrel increase in US crude inventories and the International Energy Agency’s forecast of a “spectacular” oil glut by the end of the decade. The International Energy Agency expects oil demand growth to peak by 2029…
-
Oil’s ‘last hurrah’ is coming, Citi says in bearish outlook for global crude prices
•
Slavko Sereda/iStock via Getty Images Oil futures rose on Wednesday despite an unexpected 3.7 million barrel increase in US crude inventories and the International Energy Agency’s forecast of a “spectacular” oil glut by the end of the decade. The International Energy Agency expects oil demand growth to peak by 2029…
-
SOL and DOGE are bearish but there’s “good news”: Analyst
•
Solana (SOL) and Dogecoin (DOGE) face downward pressure as the broader cryptocurrency market reflects lower Bitcoin prices. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is approaching a key level while Dogecoin is trading at a lower level in line with the broader altcoin sector. Solana price today…
-
Bearish euro sentiment is back
•
Investing.com – Bearish sentiment towards the euro has returned, according to Bank of America Securities, in the wake of the European Parliament elections and rising political risks. At 08:25 ET (12:25 GMT), it was trading 0.3% lower at $1.0730, with the pair down more than a full percentage point over…
-
Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
•
Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…
-
Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
•
Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…
-
Goldman Sachs says the OPEC+ meeting outcome is bearish for oil
•
The summary of the OPEC+ meeting on Sunday is: The organization agreed to extend cuts of 3.66 million barrels per day for one year until the end of 2025 (they were scheduled to end at the end of 2024). Agreement to extend cuts of 2.2 million barrels per day for…
-
American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant
•
Toncoin (TON), the native token of the Open Network blockchain, has emerged as one of the most popular tier-1 cryptocurrencies. Since the start of 2024, its price has outperformed Bitcoin by a staggering 118%, according to the latest analysis by CryptoQuant. The on-chain analytics firm has now reported that while…
-
American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant
•
Toncoin (TON), the native token of the Open Network blockchain, has emerged as one of the most popular tier-1 cryptocurrencies. Since the start of 2024, its price has outperformed Bitcoin by a staggering 118%, according to the latest analysis by CryptoQuant. The on-chain analytics firm has now reported that while…
-
Solana & Bitcoin Sentiment Still Bearish: Signal To Buy?
•
Data suggests that market sentiment around Solana (SOL) and Bitcoin (BTC) is currently negative, which could benefit their prices. Crowds skeptical about Solana and Bitcoin while Ethereum gets all the hype As on-chain analytics company Santiment explained in a mail On X, investors are not yet bullish on Bitcoin and…
-
Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
•
Bitcoin price started a new decline from the $62,000 resistance area. BTC is falling and remains at risk of further losses below the $60,000 level. Bitcoin started a new decline after failing near $62,000. The price is trading below the $61,000 level and the 100 hourly simple moving average. There…
-
Bitcoin Relative Open Interest Lowest Since Feb, Analyst Says “Hard To Be Bearish”
•
Data shows that Bitcoin’s open interest as a percentage of its market capitalization has been at record lows recently, a sign that the derivatives side has been healthy. Bitcoin’s open interest is now less than 2% of market cap As analyst James Van Straaten explained in New mail On X,…
-
Bearish bets on most Asian FX climb to multi-month highs: Reuters poll By Reuters
•
By Himanshi Akhand (Reuters) – A Reuters poll showed on Thursday that short bets on most Asian currencies rose to touch multi-month highs as growing expectations that US interest rates will remain high for a longer period led to a decline in appetite for riskier assets. Bearish positions on the…